Lii Question 29 What is this monopolistic competitive firm's total profit? Search & 7 4 Total Marginal Quantity Price Revenue Revenue Total cost Marginal Cost Average Cost 10 $23 $230 $340 $34 20 $20 $400 $17 $400 $6 $20 30 $18 $540 $14 $480 $8 $16 40 $16 $640 $10 $580 $10 $14.50 50 $14 $700 $6 $700 $12 $14 60 $12 $720 $2 $840 $14 $14 70 $10 $700 -$2 $1,020 $18 $14.57 80 $8 $640 -$6 $1,280 $26 $16 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $60 b $0 C $720 d $840 * 18 8 وا 144 hp f10 ||4 144 f12 + 口 prt sc delete home 11:25 A 7/2/20 num = ← backspace lock

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Lii
Question 29
What is this monopolistic competitive firm's total profit?
Search
&
7
4
Total
Marginal
Quantity
Price
Revenue
Revenue
Total cost
Marginal
Cost
Average Cost
10
$23
$230
$340
$34
20
$20
$400
$17
$400
$6
$20
30
$18
$540
$14
$480
$8
$16
40
$16
$640
$10
$580
$10
$14.50
50
$14
$700
$6
$700
$12
$14
60
$12
$720
$2
$840
$14
$14
70
$10
$700
-$2
$1,020
$18
$14.57
80
$8
$640
-$6
$1,280
$26
$16
Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.
a
$60
b
$0
C
$720
d
$840
*
18
8
وا
144
hp
f10
||4
144
f12
+
口
prt sc
delete
home
11:25 A
7/2/20
num
=
← backspace
lock
Transcribed Image Text:Lii Question 29 What is this monopolistic competitive firm's total profit? Search & 7 4 Total Marginal Quantity Price Revenue Revenue Total cost Marginal Cost Average Cost 10 $23 $230 $340 $34 20 $20 $400 $17 $400 $6 $20 30 $18 $540 $14 $480 $8 $16 40 $16 $640 $10 $580 $10 $14.50 50 $14 $700 $6 $700 $12 $14 60 $12 $720 $2 $840 $14 $14 70 $10 $700 -$2 $1,020 $18 $14.57 80 $8 $640 -$6 $1,280 $26 $16 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $60 b $0 C $720 d $840 * 18 8 وا 144 hp f10 ||4 144 f12 + 口 prt sc delete home 11:25 A 7/2/20 num = ← backspace lock
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